7701 W Manchester Ave is a beautiful garden-style apartment building in Playa Del Rey. This two-story property features a strong unit mix, including (1) 3-bed/2-bath unit, (1) 2-Bed/2-Bath, (3) 2-bed/1-bath units, (2) 1-bed/1-bath units, and (3) studios. The property also includes a large courtyard that benefits from plenty of natural light with well-kept plants and a patio set-up. With strong in-place income, a buyer can capitalize on a 4.71% CAP Rate with potential for 35% upside on rents. Situated in a desirable area near PDR's retail and dining options, as well as Loyola Marymount University, this property offers a prime investment opportunity in a sought-after neighborhood.
Sold for $3,200,000
Listing Provided by:
Woody Stahl DRE #01399621 broker@lyonstahl.com,
Lyon Stahl Investment Real Est,
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.
Bought with: Lyon Stahl Investment Real Estate, Inc.
$3,200,000
7701 W Manchester Ave, Playa Del Rey, CA 90293
13beds
12baths
6,801sqft
Mixed Use
Built in 1959
-- sqft lot
$3,276,900 Zestimate®
$471/sqft
$2,403 Estimated rent
Home value
$3,276,900
$2.92M - $3.74M
$2,403/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 10, 2024 at 09:16am
Listing Provided by:
Woody Stahl DRE #01399621 broker@lyonstahl.com,
Lyon Stahl Investment Real Est,
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Joseph Stahl, DRE #01399621
Lyon Stahl Investment Real Estate, Inc.
Brett Lyon, DRE #01717818
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: PW24088042
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 12
Heating
- None
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,801
- Total interior livable area: 6,801 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 5
- Uncovered spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 8,503 sqft
- Features: 6-10 Units/Acre
Details
- Parcel number: 4114024008
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking
Location
- Region: Playa Del Rey
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | $3,200,000$471/sqft |
Source:  CRMLS #PW24088042 Report a problem | ||
| 5/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/27/2023 | Price change | $3,100-6.1% |
Source: Zillow Rentals Report a problem | ||
| 1/24/2023 | Price change | $3,300-5% |
Source: Zillow Rentals Report a problem | ||
| 11/30/2022 | Listed for rent | $3,475+58.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Playa Del Rey
Nearby schools
GreatSchools rating
- 5/10Paseo Del Rey Natural Science MagnetGrades: K-5Distance: 0.3 mi
- 7/10Katherine Johnson STEM AcademyGrades: 6-8Distance: 0.3 mi
- 5/10Westchester Enriched Sciences Magnet Health/Sports MedicineGrades: 9-12Distance: 0.2 mi
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Estimated market value$3,276,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,276,900